MEC Resources (ASX:MMR) aims to achieve maximum capital appreciation by early stage investing into small and medium-sized energy and minerals exploration companies with strong growth potential and a well-defined exit strategy, such as an initial public offering or acquisition.
BPH Energy Ltd (ASX:BPH) investee Advent Energy Ltd is pleased announce the appointment of Professor Peter Cook as an advisor on geosequestration (the geological storage of carbon dioxide) for its project in the Offshore Sydney Basin.
On 12 August 2019 MEC Resources Limited (ASX:MMR) announced that it had reached a settlement of the various legal disputes between MEC and BPH Energy Limited ("BPH"), Grandbridge Limited, Trandcorp Pty Ltd and David Breeze.
The Directors of MEC Resources Limited (ASX:MMR) are pleased to announce a number of significant developments which are now in progress to facilitate paving the way forward for the Company, the aim of which is to create long term value for MEC and its shareholders.
During the period, MEC Resources Limited (ASX:MMR) Investee Advent confirmed the renewal of key offshore Sydney Basin permit Petroleum Exploration Permit 11 (PEP11) for a further 5 year term. The renewal was formally granted on 13 August 2012.
MEC Resources Ltd (ASX:MMR) ("MEC") is pleased to advise that the legal dispute involving Fugro Survey Pty Ltd ("Fugro"), RPS Energy Pty Ltd ("RPS") and Asset Energy Pty Ltd ("Asset"), details of which have previously been disclosed to the market, has been settled at a court appointed mediation.
MEC Resources Limited (ASX:MMR) provides the opportunity to listen to an audio broadcast with Mr David Breeze, Executive Director in a presentation entitled "Advent Signs Letter of Intent for Gas Supply"
MEC Resources Limited (ASX:MMR) is pleased to advise of the following developments in investee Advent Energy Ltd's ("Advent") assets in the onshore Bonaparte Basin.
MEC Resources Limited (ASX:MMR) is pleased to advise that investee Advent Energy Limited ("Advent") has signed a Letter Of Intent ("LOI") with CO2 Group (ASX:COZ) subsidiary Western Australian Resources Limited (WARL) for the potential future supply of gas to WARL's proposed aquaculture project in northern Australia.
MEC Resources Limited (ASX:MMR) is pleased to advise of the following developments in investee Advent Energy Ltd's ("Advent") assets in the onshore Bonaparte Basin (EP386 & RL1) and offshore Sydney Basin (PEP11).
MEC RESOURCES LIMITED (ASX:MMR) provides the opportunity to listen to an audio broadcast with Mr David Breeze, Executive Director in a presentation titled "MEC Resources explains the potential of PEP11".
